Forex News

  • Mind The Gap; mid morning London snapshot before the New York bell

    Jul 21, 13 • 3549 Views • Forex News Comments Off on Mind The Gap; mid morning London snapshot before the New York bell

    Greek Government Approves Latest Austerity Measures As Protestors Dwindle As Greece's parliament approved their new batch of austerity measures, in order to receive their next tranche of funding from the troika, a new phenomena appears to have gripped...

  • Mind The Gap; London session snapshot pre the New York bell

    Jul 18, 13 • 3050 Views • Forex News Comments Off on Mind The Gap; London session snapshot pre the New York bell

    Sterling rises as the UK's MPC are unanimous in their policy ideals Sterling reacted positively, by gaining circa 70 pips, as news broke that The Bank of England's monetary policy committee voted 9-0 against more monetary easing (Q.E.). The two...

  • Mind The Gap; Mid Morning London Session Update Pre New York Open

    Jul 16, 13 • 2819 Views • Forex News Comments Off on Mind The Gap; Mid Morning London Session Update Pre New York Open

    European car sales crash. Athens has been brought to a standstill this morning as Greek civil servants experience solidarity from many other workers during the one day general strike. As a grim reminder of how fragile Eurozone growth is, particularly in the...

  • Mind The Gap; Morning Roll Call Before The New York Open

    Jul 15, 13 • 2832 Views • Forex News Comments Off on Mind The Gap; Morning Roll Call Before The New York Open

    Why calling the Chinese data "fake" is a mistake… There is a persistent rumour surrounding the data that is printed courtesy of China's official national statistics bureau. Many in the mainstream media persistently smear the publishers and...

  • Mind The Gap; Mid Morning London Trading Session Analysis

    Jul 14, 13 • 3284 Views • Forex News Comments Off on Mind The Gap; Mid Morning London Trading Session Analysis

    FOMC minutes and speech causes positive ripple-effects through world markets. The impact of Ben Bernanke's speech, given yesterday after the minutes of the last and latest FOMC meeting were published, the BOJ statements regarding Japanese stimulus...

  • Mind The Gap; Mid Morning London Session Update Pre New York's Open

    Jul 9, 13 • 3672 Views • Forex News Comments Off on Mind The Gap; Mid Morning London Session Update Pre New York's Open

    BMW records record car sales as UK manufacturing collapses Yesterday's poor data, regarding exports and industrial growth in Germany, have been countered today with the news that BMW has posted record car sales in the first six months of the year due to...

  • Mind The Gap; Mid Morning Trading Update Pre New York's Open

    Jul 8, 13 • 2788 Views • Forex News Comments Off on Mind The Gap; Mid Morning Trading Update Pre New York's Open

    A troika 'deal' has been reached with Greece. Whilst that could be considered good news this revision to the original agreement terms and conditions has been put in place on the basis that Greece now will engage in a fresh round of public sector job...

  • Meet The New Governor, He's Just (Not) Like The Old Governor…

    Jul 8, 13 • 2855 Views • Forex News Comments Off on Meet The New Governor, He's Just (Not) Like The Old Governor…

    There was something entirely fitting about the first monetary policy committee decision and post decision press conference held by the new Bank of England governor Mark Carney on Thursday July 4th. Firstly, most of the assembled journalists and analysts were...

  • Mind The Gap, Our Mid Morning London Session Update Whilst We Anticipate The New York Open…

    Jul 4, 13 • 2889 Views • Forex News Comments Off on Mind The Gap, Our Mid Morning London Session Update Whilst We Anticipate The New York Open…

    One of the PIIGS is beginning to squeal, Portugal's bond yields rise past the critical 7% yield to 8%. Bond traders have been selling Portuguese debt this morning, in turn driving down its price and as a consequence pushing up the interest rate (yield) on...

  • Mind The Gap; Our Mid Morning Update Per The New York Open…

    Jul 1, 13 • 3006 Views • Forex News Comments Off on Mind The Gap; Our Mid Morning Update Per The New York Open…

    In the overnight/early morning Asian session the print published regarding Chinese data, (the manufacturing PMI), came in as forecast by the economists polled. The figure was 50.1. The HSBC Markit publication was slightly lower than forecast at 48.2, a nine...